Remodeled Residential Income
For Sale
$625,000
841 Ronda Sevilla, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Price / SF$600.96
Days on Market81
Property Features for 841 Ronda Sevilla
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 2
Parking
1
Fireplace
1
Appliances
Built-In Range
Subdivision
Other (OTHR)
View
Park
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Ronda Sevilla & Avenida Sevilla
Standard status
Active
APN
98837271
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$762 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Electric
Water source
Public
Amenities
Covered Parking
Storage
Greenbelt views
patio
5 Skylights
Solar Tube
electric Fireplace
Quartz Island
Stainless Appliances
Soft Close doors and Cabinets
Pantry
Mirrored Wardrobes
Tiled Glass Enclosed Shower
Washer and Dryer
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Listing Agency:
California Freedom Real Estate
(714) 402-7001
Listed By:
Steven Uldall · License #00806283
(714) 402-7001
Added: Jun 4
Changed: Aug 20
Last Checked: Aug 23 at 7:06AM
MLS# PW26127564
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,040-square-foot residential income property at 841 Ronda Sevilla features two bedrooms, two bathrooms, a laundry area, and a remodeled interior. The layout includes a living room with an electric fireplace, a modern kitchen with stainless appliances, a quartz island, soft-close cabinetry, and a pantry. Mirrored bedroom wardrobes, tiled bathroom finishes, and a glass-enclosed shower add to the interior improvements. Five skylights and a solar tube provide additional natural illumination.
Outdoor space includes a freshly tiled patio overlooking a greenbelt. The property has no steps, with covered parking, storage, and guest parking nearby. Public water and public sewer serve the residence, and the home includes central and electric cooling. Built in 1965, the property is located in Laguna Woods, CA 92637.
Outdoor space includes a freshly tiled patio overlooking a greenbelt. The property has no steps, with covered parking, storage, and guest parking nearby. Public water and public sewer serve the residence, and the home includes central and electric cooling. Built in 1965, the property is located in Laguna Woods, CA 92637.
Key Highlights
- 1,040 SF residential income property with two bedrooms and two bathrooms
- Remodeled kitchen with stainless appliances, quartz island, soft‑close cabinetry, and pantry
- Five skylights plus a solar tube provide added natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,851
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$397,020
$397.0K
Cap Rate 7%
$283,586
$283.6K
Cap Rate 9%
$220,567
$220.6K
Market Conditions
NOI Build-Up for 1,040 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$36.1K $34.70/SF
− OpEx
−$16.2K −$15.62/SF
NOI
$19.9K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$397,020
Cap Rate 7%
$283,586
Cap Rate 9%
$220,567
Alternative Uses
Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 3.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 92637, CA
17,644
Population
13,494
Households
1.3
Avg Household Size
75
Median Age
52%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,881
Density / Sq Mi
$60,235
Median Household Income
$40,375
Median Earnings
$2,232
Median Rent
$364,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with a contemporary kitchen, private patio, and convenient nearby parking and storage.
Where is this residential income property located?
The property is located at 841 Ronda Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,040 SF residential income property with two bedrooms and two bathrooms; Remodeled kitchen with stainless appliances, quartz island, soft‑close cabinetry, and pantry; Five skylights plus a solar tube provide added natural light
